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20121202
20121210
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week long silence as that deadline looms. president obama and boehner spoke by phone on wednesday. they promised to renew the negotiations. several top executives have also weighed in on thursday. >> there's been some movement. everybody realizes there has to be a revenue component, spend component, entitlement reform component. >> patrick, where does it hang on now for you? clearly the president last decided there has to be tax rises for the wealthy. if the democratic side can come up with entitlement cuts, maybe we get a deal. >> i think this is pure political theater. this is a situation that was created 18 months ago in order for the politicians to get by the election. now they've done so. we still confront the same fiscal unsustainability here in the united states that's been evident to everybody for the the past five, six years. what we all recognize is we need more revenue, we needless spending, it's really a matter of a couple of adults getting in a room and figuring out how to resolve this temporary problem that they've created with an eye toward the long term on sustaina
her final trip abroad as secretary of state, president obama is expected to announce his pick to replace her at the state department as early as this week. the white house says no decision has been made. but u.n. ambassador susan rice and john kerry are rumored to be the top choices. senator john mccain, one of rice's most outspoken republican critics has been a long time friend of kerries in the senate and there was a light moment between the two at a press conference yesterday. >> i would hope our colleagues would leap at the opportunity to do that. senator mccain? >> thank you very much, mr. secretary. >> thank you very much, mr. president. this is what happens when you get two losers up here, folks. >> meanwhile, reports say the president is considering anna wintor, the editor in chief to "vogue" to be the ambassador to the uk or france. she was the biggest bundlers raising more than $500,000 for the obama campaign. >>> that's now your top news. you know what? >> i'm trying to breathe in and absorb the last story. all right. there is a new voice joining the immigration deb
report." >>> been a little over a week since he met with president obama to talk about avoiding the fiscal cliff and caterpillar's ceo joins us from the nyse to talk about the fix the debt campaign and more. you know anything we don't know, doug, that you can tell us about how this finally looks and whether we do it? >> i don't know if i know any more than you do or not, joe, but we've all been working hard to impress upon our leadership in washington how important this is not to go over the cliff. we had good sessions with republican leadership, democratic leaderships and with president obama in the white house. nobody over there wants to go over the cliff at this time, there's nothing that wants to do it. >> once we get over it, we hope it's a bridge to something that will help you and caterpillar compete better in the world. after the cliff, what do you want? is there any emphasis on corporate tax reform that we need or how to bring $2 trillion back to this country? aren't those things, did you talk about any of those or the cliff? >> we talked about all of those, long-term c
reliefchallenge.com today for a special trial offer. >> brian: president obama's move, republicans making what they consider a bold counter offer to the white house in an attempt to avoid the so-called fiscal cliff that's coming our way just four weeks away. eight working days away. wendell goler live at the white house. what's the latest? >> what we have now is an opening proposal from each side. the republicans plan would cut $2.2 trillion from the deficit, which is about $600 billion more than the president's plan. it would raise the eligibility age for medicare from 65 to 67. and lower the annual cost of living increases for social security benefits. south carolina senator lindsey graham says those two programs have to be brought under control. >> if we adjusted the age of retirement over the next 30 years like ronald reagan and tip o'neil adjusted the cpi index and means tested benefits, we could save medicare and social security from insolvency and people need the programs. the good news is, we would get our kids and grandkids out of the situation of becoming greece. >> the president's aides not surpr
Search Results 0 to 3 of about 4